Arkansas Life and Health Insurance Practice Exam

In general, which of the following Medicare plans does not require an additional premium?

1. Medicare Part A

2. Medicare Part B

3. Medicare Part C

4. Medicare Part D

The correct answer is: Medicare Part A

Medicare Part A is the only Medicare plan that does not require an additional premium. Medicare Part B, Part C, and Part D all require participants to pay a monthly premium. Medicare Part C, also known as Medicare Advantage plans, may also have additional costs such as copayments, deductibles, and coinsurance. Medicare Part D, which covers prescription drugs, also has a monthly premium and may have additional out-of-pocket costs. Medicare Part A is typically funded through payroll taxes and is available at no additional cost to most people. However, there may be certain situations where an individual may have to pay a premium for Medicare Part A, such as if they do not have enough work credits or if they choose to enroll in Part A before they are eligible. Therefore, A is the correct answer as it is the only Medicare plan that does not require an additional premium in most cases.